Press Releases

Report cover with image of child charging a black electric vehicle and title "Evolving for All"
Jun 16, 2021

BorgWarner Publishes 2021 Sustainability Report, Showcases Significant Achievements and High-Reaching Goals

Auburn Hills, Michigan, June 15, 2021 – BorgWarner, a company focused on delivering innovative and sustainable mobility solutions for the vehicle market, has released its 2021 Sustainability Report, “Evolving For All,” detailing the company’s ...

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Jun 05, 2021

BorgWarner Completes Tender Offer and Acquires 89.08% of AKASOL AG

Expands Commercial Vehicle and Industrial Electrification CapabilitiesAccelerates in Fast-Growing Commercial Vehicle and Off-Highway Battery Pack Market Auburn Hills, Michigan, June 4, 2021 – BorgWarner Inc. (NYSE: BWA) today announced ...

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BorgWarner Integrated Drive Module (iDM)
Jun 03, 2021

BorgWarner to Supply Integrated Drive Module to Hyundai Motor Group Electric Vehicles

BorgWarner’s integrated drive module (iDM) to power A-segment electric vehicles beginning in 2023  Modular technology features e-motor, gearbox and inverter First iDM product combining BorgWarner’s and legacy Delphi Technologies’ ...

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Man in blue hat shakes hand of man in pink hat with celebratory wreath with crowd in background
Jun 02, 2021

BorgWarner Celebrates 2021 Indianapolis 500 Winner Helio Castroneves with Renowned Borg-Warner Trophy® Presentation

Helio Castroneves’ sculpted face will soon be the 108th addition to the iconic trophy BorgWarner’s Engineered for Racing (EFR™) turbochargers featured on all NTT IndyCar Series© racecarsWith his fourth Indianapolis 500 win, Castroneves ...

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Three men stand holding large check in front of black, logo background
May 22, 2021

2021 Louis Schwitzer Award Honors Biomedical Engineering for INDYCAR® Driver Safety

55th annual award goes to Terry Trammell, M.D.BorgWarner and the Indiana Section of Society of Automotive Engineers International sponsor this annual awardProgram recognizes engineering excellenceIndianapolis, Indiana, May 21, 2021 – The ...

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May 20, 2021

BorgWarner Announces Full Redemption of its €500 Million 1.80% Senior Notes Due 2022

Auburn Hills, Michigan, May 19, 2021 – BorgWarner Inc. (NYSE: BWA) (“BorgWarner” or the “Company”) announced today that it will redeem in full the entire outstanding €500 million aggregate principal amount of its 1.80% Senior Notes due ...

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BorgWarner eTurbo™
May 19, 2021

BorgWarner Earns First Global eTurbo™ Business for High-Voltage Hybrid Vehicle Application

Enhances transient boost by 200% along with a 50% reduction in time-to-torque Technology improves fuel economy by enabling further engine downsizing High-voltage hybrid vehicle production scheduled for 2023  BorgWarner has ...

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Large silver trophy with two large checks on either side on race track with stands in background
May 18, 2021

BorgWarner’s 380,000 Rolling Jackpot Up for Grabs by Next Back-to-Back Indianapolis 500 Winner

Prize money could be awarded to Takuma Sato if he wins the 2021 raceBorgWarner adds $20,000 to rolling jackpot each year, current total is $380,000 (¥41,300,000)Helio Castroneves is the only driver to have ever won this jackpot in 2002Indianapolis, ...

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May 13, 2021

BorgWarner Prices €1.0 Billion Senior Notes Offering

Auburn Hills, Michigan, May 12, 2021 – BorgWarner Inc. (NYSE: BWA) (“BorgWarner” or the “Company”) announced today it priced a public offering of €1.0 billion aggregate principal amount of its 1.00% Senior Notes due 2031 (the “Senior Notes”).  The ...

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Apr 29, 2021

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, April 29, 2021 – On April 28, 2021, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 15, 2021 to stockholders ...

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Group of four men stand in line holding trophies and head cut out of another man with a beard
Apr 27, 2021

BorgWarner Presents Baby Borg Trophy to 2020 Indianapolis 500 Winner Takuma Sato

Sato accepted the trophy at a ceremony in St. Petersburg, FloridaMarks second time Sato has received the 14-inch, five-pound sterling silver trophyRahal Letterman Lanigan Racing received commemorative trophy as well Auburn Hills, Michigan, ...

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Image of BERU Catalog Cover
Apr 23, 2021

BorgWarner Releases New BERU Catalog, Highlighting Extensive Aftermarket Offerings

Features OEM quality products for more than 20,000 applications Digital, interactive catalog provides user-oriented information across broad portfolio Available in nine languages to address customers in all markets BorgWarner ...

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Graphic of Great Place To Work Certification seal along with line of characters celebrating
Apr 07, 2021

BorgWarner Achieves Great Place to Work-Certified™ Company Status for Second Consecutive Year

Great Place to Work is the global authority on workplace culture Certification validates BorgWarner’s positive work environment Auburn Hills, Michigan, April 6, 2021 – BorgWarner, a global leader in clean and efficient ...

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Mar 23, 2021

BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030

Investing to Further Expand Electrification Portfolio Through Organic and Inorganic Growth While Seeking to Maintain Top-Quartile Margins Announces Commitment to Achieve Carbon Neutrality by 2035 AUBURN HILLS, Mich., March 23, ...

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2 men and 1 woman hold large check for $1,025,000
Feb 26, 2021

BorgWarner Donates to Kettering University to Establish Scholars Program and Other Initiatives to Support Opportunities for Minorities

Annual scholarships will benefit African American and Hispanic students in financial needDonation supports BorgWarner’s culture of embracing diversityStudents will be selected each year for the scholarshipAuburn Hills, Michigan, February ...

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a single section of the Borg-Warner trophy featuring Takuma Sato's likeness in silver
Feb 20, 2021

BorgWarner Reveals Latest Addition to the Borg-Warner Trophy®: 2020 Indianapolis 500 Winner Takuma Sato

Auburn Hills, Michigan, February 19, 2021 – Takuma Sato, the first Japanese driver to win the Indianapolis 500 in 2017, is making his mark on history once again by becoming the 107th face to adorn the Borg-Warner Trophy® following his ...

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Feb 16, 2021

BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio

Acquisition Would Significantly Strengthen Commercial Vehicle Electrification Capabilities to Meet Industrywide Demand Cash Offer of €120.00 per Share Represents Approximately 23% Premium to AKASOL’s Three-Month Volume-Weighted ...

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Feb 11, 2021

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, February 11, 2021 - On February 10, 2021, the board of directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 15, 2021 to ...

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